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Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: There was and let me acknowledge that.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: The was on 7 March 2011.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: For the purposes of fullness of the record, absolutely. The footnote says this was an introductory meeting; that was in 2011, Mr. Daly is quite correct.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Can I just correct Mr. Daly, because it is not a case that on occasion Mr. Cushnahan showed up. On the list in front of me, Mr. Cushnahan was at every single meeting.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: And Mr. Daly considered that to be appropriate for members of the Northern committee.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Well, I will come to that in a moment. I note Mr. Daly also gave information in respect of conference calls between himself and the Minister, Simon Hamilton. Mr. Daly has three listed there, or, I should say, four, and a call that he made to Peter Robinson, or I should say the First Minister, Peter Robinson, on 3 April 2014. That is when the deed had been done and Cerberus had-----

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: How would Mr. Daly characterise his relationship with Frank Cushnahan?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Yes.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Is Mr. Daly still in touch with him?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Mr. Daly was on another board with him, were you not?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: A charity board.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Could Mr. Daly tell the committee about that charity?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Ciorani.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: When was Mr. Daly appointed to the board of that charity?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Late 2010.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Of course, Mr. Cushnahan was also a member of that board.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: So you would have spent about three years----

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: How often did that board meet?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Obviously Mr. Daly had a working relationship with him in respect of that also. Is Mr. Daly aware of a letter that was sent by Mr. Cushnahan to NAMA? I understand it was sent to him but I am open to correction. In this letter Mr. Cushnahan discusses with NAMA the return or secure disposal of documents he acquired during his time on the bad bank's Northern advisory board. Is Mr. Daly...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Yes. Who is it addressed to?

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